Since buying The Washington Post in 2013, Jeff Bezos has faced major losses at the paper and is now reportedly considering acquiring CNBC to expand his media portfolio
The sale, which coincided with his star-studded wedding to Lauren Sanchez in Venice, is part of a 10b5-1 trading plan Bezos adopted in March for up to 25 million shares
The wedding angered many Venetians, with some activists protesting it as an exploitation of the city by the billionaire Bezos, while ordinary residents suffer from overtourism
The bride announced the marriage on Friday night in an Instagram post under the name Lauren Sánchez Bezos
San Giorgio, where emperors once met with popes, would host the patron of Amazon.com
The efforts by Bezos and his team came days after a fallout was witnessed between Trump and Musk in early June. Musk, who was once the closest ally of Trump and served as one of his top advisers
As Jeff Bezos and Lauren Sanchez host a lavish 3-day wedding in Venice, locals raise concerns over its impact on the city, despite promises of minimal disruption
According to a BBC report, Isaacman is yet to receive a clear vote of the full chamber to lead Nasa, a space agency which has set its eyes on returning to the moon
Ecommerce major Amazon was considering displaying the added cost of tariffs on select retail items in the US. But a quick call between Trump and Bezos solved the problem very quickly
United Launch Alliance's Atlas V rocket launched 27 of Amazon's Project Kuiper satellites, which will orbit at nearly 630 kilometres after deployment
In a significant development in space tourism, Blue Origin's fully automated NS-31 mission completed a successful all-female crew trip including pop star Katy Perry to the edge of deep space
Katy Perry, Lauren Sanchez, and four other women are set to make history as part of Blue Origin's all-female crew for a suborbital space mission, launching on Monday from Texas
The drop in wealth is the fourth-largest single-day drop in the 13-year history of the Bloomberg Billionaires Index and the most substantial decline since the peak of the Covid-19 pandemic
It is worth noting that any deal would require approval from President Trump, as well as TikTok's parent company, Bytedance, and the Chinese government
The city in a short statement didn't give a date for the wedding. Italian media have reported it will be between June 24-26, with a few days of celebrations
The report noted that since the wealth cut-off date of January 15, 2025, Elon Musk's fortune has declined by nearly $100 billion
In December 2024, Elon Musk's fortune peaked at $486 billion. However, he is one among the many billionaires who are witnessing financial setbacks
Pop star Katy Perry, Jeff Bezos's fiance Lauren Sanchez, and journalist Gayle King will head to space with a high-profile 6-person crew set on a Blue Origin rocket. The date has not been decided yet
The magnitude of the job cuts wasn't immediately clear, though one of the people said it will be at least in the hundreds of jobs and potentially reach one thousand or more employees
World's richest men: Elon Musk, Mark Zuckerberg, Jeff Bezos, Mukesh Ambani, and Bernard Arnault all attended various inauguration events